[SOLD!] Mixed-use building for redevelopment

Sold

Formerly home to Bob Cole Hair Design, this prominent building at the intersection of 5th and East Main Streets had a fire and was condemned several years ago. Since then, it sat vacant. While the building was not on the market, our team tracked down the sellers and arranged a sale.

Our client purchased the property to renovate using historic tax credits, and intend on building out retail/office downstairs and apartments upstairs.

This deal was featured in an article in Richmond Bizsense on 7/21/16 (click here to read the full article).

The property was sold for $287,500 in July 2016.

Price:$287,500
Address:501-503 E Main Street
City:Richmond
State:VA
Zip Code:23219
Floors:2
Square Feet:8,338

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